Dec 18, 2012 6:00am EST
was in congress i have the invitation of president carter to visit italy with the delegation. we went there to deliver assistance from the united states government after an earthquake in southern italy. in one of the villages we visited there was a rehearsal for first communion going on in the church. just about every seven-year-old in the village was there practicing. when the earthquake hit, the roof came down and every seven- year-old in the village was gone. it was impossible to console people there. not only have they individually lost their child, which is unthinkable, but the whole town had passed -- have lost that class. their babies. that really transformed my thinking about how fragile life is. this was a natural disaster. what happened in the town -- newtown was a personal decision whose judgment was impaired. how could he do this? because he had his own problems. how could he do this? because he had the guns. he had the assault magazines to do it. that is how he could do it. let's at least try to mitigate for the circumstances we may not be able to control entirely, the me
Dec 17, 2012 8:00pm EST
carter to visit italy with the delegation, members of congress, italian american members of congress, and we went there to deliver assistance from the dwrites government after an earthquake in southern italy. and one of the village we visited there was a rehearsal for first commune ongoing on in the church. so just about every 7-year-old in the village was in church practicing for first holy commune on. when the earthquake hit, the -- communian. when the earthquake hit, the roof came down, every 7-year-old in the village was gone. it was impossible to console the people there. not only had they individually lost their child, which is unthinkable, but the whole town had lost that class, their future, their new growth, their hopes, their babies. their babies. so how -- and that really frmpled my thinking about how fragile -- transformed my think being how fragile life is. this was a natural disaster. what happened in newtown was a personal decision about someone whose judgment was thoroughly impaired, who had -- how could he do this? how could he do it? because he had his own problems.
Dec 11, 2012 1:00am EST
loans were exactly the same at 4% a year in the u.k., spain, and italy. today the four rates are very different. ours has fallen markedly. rates have come in a great deal. i was -- that was the first pillar. the second is that policy would provide the vehicle for accommodating the stimulus to the economy. fiscal policy would be a head wind in terms of the movement of total demand. monetary policy would be accommodative and more importantly, would accommodate the sharp fall in the sterling exchange rate which had taken place between the end of 2007 and the beginning of 2009. that was a 25% fall in the average effective exchange rates of sterling against other currencies. the biggest since the second world war. and the monetary policy was to make sure that that gain in competitiveness was retained by ensuring that domestically generated inflation would remain stable. these pillars were thought to be consistent with the gradual recovery of the economy. what happened was we did not get a gradual recovery. we saw output being broadly flat over the past 2.5 years. it has been a zigzag patte
Dec 21, 2012 2:00pm EST
and permanently disabled. his actions on 21 april 1945 in italy were a towering example of strength, stamina, courage, and determination. for which he received one of the 21 medical -- middle of honors. he and other nisei veterans achieve something monumental, and a sense they had earned the right to take larger roles in their communities. that also came home tolerant of the use of politics different than their own, a sentiment born of the intolerance they had experienced after pearl harbor, but more keenly felt after the horrors they witnessed in liberating dachau, and they understood the understand -- the importance of good citizenship, fair play, hard work a lot of respect for others, and for our flag. i had relatives who served in these stories units, characteristic of them all was rarely if ever speaking about what they had done in the war. from them, my generation learned to find virtue in humility and inability of hard work and the value of family and the confidence that we in america could achieve anything. they taught us the hope -- to hope and to dream. then to do something to do s